Tag Archive: Euro Plus Pact

Eurobonds, fiscal or banking union are all pure utopia

Germany’s stance in the euro crisis: More than ESM will not be possible for many years updated on August 31, 2012   German politicians and the German Bundesbank believe that the Euro crisis can be only solved by supply side reforms as formulated in the Euro Plus Pact, reforms that were already successfully introduced during the Thatcher/Reagan era in the …

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At the Euro summit there was nothing really new. What was the party about ?

At the euro summit today there was essentially nothing what was really surprising. We wonder what markets are so excited about.

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